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Why is Rakeback rate down?


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Posted
On 6/3/2022 at 7:08 AM, AlvinFahriza said:

I think rakeback has been lowered by 5% because of the weekly reward has been increased.

I mean it's make sense other one increase and the rest is decreased.

It's irrelevant. I personally got lower weeklies and many othe users complain the same while I didn't hear much people saying that they got it higher. Who's weeklie got higher?

Posted
1 hour ago, crisulu said:

It's irrelevant. I personally got lower weeklies and many othe users complain the same while I didn't hear much people saying that they got it higher. Who's weeklie got higher?

I actually got the same bonus with about 6k wager compare to 13k wager last time so its indeed got higher. Im playing sports + slots + hilo

Posted
1 hour ago, Ghostnipple said:

Because Stake is up for sale.

The directors feel the tightening grip of regulations so its time to grab the money and run.

In order to make it look like an attractive proposition the management team need to slash costs wherever possible on the one hand on the other they need to beef up the profits. So anyone in the bidding to buy stake has the impression of a low cost high profit business.

Interesting. Where did you read it's for sale?

Posted
16 hours ago, crisulu said:

Weekly rewards has been literally decreased for me.

Yep, my weekly is now halved, which is fucked most of my wager comes from limbo, dice etc. Because of how fast you can place bets.

 

I can tell you that this doesnt change the fact that Im still gambling and almost always losing all. So I fail to see why low edge games are even a factor when calculating anything, theres no guarantees in gambling except losses.

 

One thing also that I find fascinating is players who receive wagers are reduced in their progress towards a cashout due to the house edge of games. So when you think about it, they are reduced progressing towards getting their cashout, then after they fail (because really you need to bet 2.3M to reach cashout on a %1 edge game) you are then penalized by halved bonuses. Forget that these guys are marketers, creators etc.... you're literally telling all of them to get fucked in 0 words instead of at least announcing it.

 

At least give them the proper progression towards cashout $1:$1

Posted
2 hours ago, crisulu said:

It's irrelevant. I personally got lower weeklies and many othe users complain the same while I didn't hear much people saying that they got it higher. Who's weeklie got higher?

it was in advance

image.png.a8e9d9b5330447ffec601451de6e9c08.png

 

now we are told

image.png.0958bef436538d92e7b262878de0391c.png

 

I don’t know how anyone, I personally decreased by 2 times.

looks like a scam to me...

we were promised a 50% increase, since we were cut rakeback by 2 times, and we get an even less than a weekly boost.

Posted
24 minutes ago, Ghostnipple said:

I didnt say it was listed for sale, whatever that means.

Also I was answering the Op.

You said it was "up for sale" and that was the reason they were reducing costs. 

When you're just speculating do us a favour and say that, instead of wasting people's time. 

Posted
1 hour ago, semrayc said:

it was in advance

image.png.a8e9d9b5330447ffec601451de6e9c08.png

 

now we are told

image.png.0958bef436538d92e7b262878de0391c.png

 

I don’t know how anyone, I personally decreased by 2 times.

looks like a scam to me...

we were promised a 50% increase, since we were cut rakeback by 2 times, and we get an even less than a weekly boost.

The boost total increased also because of number of players. When I started around one year ago the average online users were 3/4k... during xmas 9/10k. Right now they are 12.25k

Posted
51 minutes ago, crisulu said:

The boost total increased also because of number of players. When I started around one year ago the average online users were 3/4k... during xmas 9/10k. Right now they are 12.25k

but the boost was calculated individually and we can see significantly lower numbers 2 weeks ago that he gave out and we received much more than now.

it's not about the number of players... We shouldn't be charged for other players, because we are also suffering now with a decrease in rakeback.

Posted
On 6/5/2022 at 4:12 PM, Ghostnipple said:

Stake will be bought and sold without you ever realising it. 

It has happened once already. I was correct at that time, and it's possible I am correct this time also.

Again, you said it was "up for sale" and offered that as an explanation for the situation.

Nobody disputes that things can and will be sold to the highest bidder, but as an explanation for the current situation it's just something you invented. 

The more likely explanation is the market downturn, and the likely impact that has on customers buying and gambling crypto. 

Posted
On 6/3/2022 at 12:57 AM, taimei2810 said:

Please tell me why the rakeback dropped from 10% to 5%.

 

 

I read somewhere that it is lowered because of the newly increased weekly bonuses. Don’t quote me on that. 

Posted
On 6/7/2022 at 10:07 PM, Ghostnipple said:

If you are getting 1% house edge on Limbo consider yourself lucky.

After 1 million bets on my last Limbo seed the house edge was 2%

Ive got a supposed "infinite wager" strat that starts at 1.01 and increases slightly to gain back on loss the multiplier and bet .... eventually, 10 hours or so, it will bust and do this by rolling the slightest number under your target until it builds up to this:
image.thumb.png.1688720f5d55964ff8dcb88df1b82bf1.png
 

Another test round started with this and eventually fucked a $1200 balance:

image.thumb.png.5752529b7627b81fc516b94b0a1384f7.png

Im no genius but I do know is starting at the lowest possible and at 1/200th balance, that shouldnt be possible and not only that, but more than twice now.

Posted
1 hour ago, Ghostnipple said:

 

Dupeddonk how many accounts do you have here.

Believe it or not I'm not whoever else has also called you out for being wrong. It's just that if you say things that are wrong, people will invariably point it out. 

Posted
On 6/7/2022 at 9:07 PM, Ghostnipple said:

If you are getting 1% house edge on Limbo consider yourself lucky.

After 1 million bets on my last Limbo seed the house edge was 2%

i can relate to this. when ive been wagering lately, its always more than 1%. 

Posted

That's good to know, if you don't play a lot of slots like me it's really bad but for slots player won't change much. Ed could of told us but there's nothing wrong IMO.

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